Metallurgical Equipment Market
Metallurgical Equipment Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Metallurgical Equipment Market Size and Growth
The Metallurgical Equipment market is poised for substantial growth, driven by advancements in manufacturing technologies and rising demand from the automotive and aerospace sectors. In 2022, the market size was valued at approximately $15 billion, with projections indicating a CAGR of 5.2%, reaching around $20 billion by 2028. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ SMS group GmbH
◍ DANIELI
◍ Primetals Technologies
◍ China First Heavy Machinery Co., Ltd
◍ DALIAN HUARUI HEAVY INDUSTRY GROUP
CO.,LTD
The Metallurgical Equipment Market features key players like SMS group GmbH, DANIELI, and Primetals Technologies, each offering advanced solutions for steel production and processing. Their innovations enhance efficiency and sustainability, driving market growth. Notable sales revenues include SMS group's €3.2 billion (2020), with revenue figures for other firms varying broadly.
◍ Sinomach Heavy Equipment Group Co., Ltd
◍ TAIYUAN HEAVY INDUSTRY CO.,LTD
◍ CITIC HEAVY INDUSTRIES CO.,LTD
◍ Northern Heavy Industries Group Co.,Ltd
◍ TANGZHONG
Market Segmentation
By Application
Steel Industry
Nonferrous Metals
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By Product
Ironmaking Equipment
Steelmaking Equipment
Metal Rolling Machine
Market Growth
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$ X Billion USD
